The only setback with using lending vs. hard money is that I can't be a cash buyer for a wholesaler, which reduces buying options.

The agriculture industry employs a lot of people in this valley, but most of these jobs are lower paying and seasonal, reducing annual income numbers.

This is an MLS listing that I was able to get under contract for a reduced price.

I have been toying a lot lately with the idea of purchasing a house in Denver and airbnb’ing half to either offset my mortgage or at the very least reduce my cost of living.I stumbled across Loftium, which is essentially a company that pitches reduced rent in great areas, but as the tenant, you are responsible for managing an on-site Airbnb.

For a landlord a tenant defaulting will likely mean a late or no rent payment.IF your goal in screening is to reduce risk then not following your screening standards means you are increasing your risk.

This is great for investors looking to reduce their tax burden, and build long term wealth.

The way to reduce water usage was either to put bricks in the tank, fill a milk jug, or adjust the ballcock to reduce the water usage.

Your tenants can reduce their risk of loss by keeping the place tidy and helping with showings even while they still live in the unit.

This can also reduce your homeowners insurance premium, so it’s important to run the actual numbers on a specific property to accurately project cash flow.

@Steve Hyzny Assuming this is a rental property, not a primary eligible for section 121....Yes, you pay cap gains, and yes you pay depreciation recapture along with tax on the interest income.When you receive money from a financed sale, your money basically has 3 classifications...Let’s say you bought for $100k, sold for $140k (net after swelling cost) and took $10k in depreciation.My understanding, but verify with your cpa....1) 2/3 of the Principal and down payment you receive will be return of initial basis, no tax2) 1/3 of principal received will be subject to cap gains and recapture tax (I believe the recapture gets recognized first until fully taxed, but not sure)3) any interest received is taxed as interest income